TSX:NWH.DB.G - Post by User
Comment by
PaulKingon May 30, 2021 5:59pm
191 Views
Post# 33294523
RE:RE:No distribution raise in 9 years?
RE:RE:No distribution raise in 9 years?Thanks for the comment. I am afraid though, that this argument is going to stop me from jumping in.
It would seem that they grow by aquisitions, funded by issuing stock, but are not able to get a good enough deal to net better than the 6.2 % they are paying now. That doesn't speak well for management. What is the point of growth if it does not get more return?
I always think that for a company that does that, they would at least increase their 6.2% if they fired the management who are - to quote Shakespeare - up to "much ado about nothing". That salary that is spent NOT increasing my payment (at least enough to keep up with inflation!) could go to the bottom line!
In fact, if they are raising their rent by inflation then the net should go up by inflation. The fact it does not generally means they are not managing their costs well at all.